National supplier recognized for excellence in supporting more than 10,000 small businesses with fast and flexible financing
PARSIPPANY, NJ, January 12, 2022– (COMMERCIAL THREAD) –Arise froma global leader in AI-powered risk decision-making software, today congratulated its client Reliable financing for being recognized as a finalist of the LendIT Fintech Industry Awards 2021.
The fifth annual LendIT Fintech Industry Award honoring the world’s leading influencers and innovators in 14 unique categories. Reliant Funding was named a finalist in the “Best Small Business Lending Platform” category, which rewards organizations based on a combination of lending performance, volume, growth, product diversity and innovation.
Winners will be announced at an awards ceremony and dinner on February 8 at the Dealmakers Summit at the LendIt Fintech Nexus event at the Lowes Miami Beach Hotel in Miami.
Reliant Funding provides personalized, short-term financing to small businesses nationwide through its Merchant Cash Advance (MCA) offering based on a company’s cash flow. Since 2008, more than 10,000 businesses have trusted Reliant to provide them with fast and flexible financing to fuel their success.
Over the past year, Reliant has transformed its fundraising process into a more robust online experience allowing small businesses to apply, receive personalized offers, and receive funding on their account within hours. As a result, Reliant has seen an increase in both the number of applicants and funding.
“We are honored to be named finalists for the prestigious LendIT Fintech Industry Awards, which is a testament to the hard work and dedication of our employees,” said Steven Kietz, CEO of Reliant Funding. “We pride ourselves on using cutting edge technology, such as our partnership with Provenir, to help meet the small business lending needs of our clients to help them grow and pursue their business goals. “
“Reliant Funding continues to set the industry standard with how quickly a small business can apply for a working capital loan to have financing within hours,” said Kathy Stares, Executive Vice President, North America, Origin. “We congratulate Reliant Funding on being named a finalist for the LendIT Fintech Industry Awards and look forward to continuing to support the company by providing the technology to quickly assess credit risk and deter fraud to better serve our customers.
Provenir’s AI-powered decision-making software is the industry’s first true risk decision-making ecosystem. It provides a complete real-time view of unified decision-making performance, third-party and historical data, as well as advanced analytics integrated through AI models. Through a unified digital experience, users can build the platform-as-a-service (Paas) cloud solution that best fits their business needs.
Provenir helps fintechs, financial institutions and payment providers make smarter decisions faster by simplifying the risk decision-making process. Its code-less, cloud-native SaaS products form a risk decision engine for real-time approvals and facilitate the rapid creation of sophisticated decision-making workflows. With a global data marketplace for seamless integration, powerful AI and machine learning models, and real-time insights, Provenir has supercharged the speed of decision-making. Provenir works with disruptive financial services organizations in over 40 countries and processes over 2 billion transactions per year.
About Reliant Funding
Reliant Funding provides personalized, short-term financing to small and medium-sized businesses nationwide. Since 2008, Reliant has helped more than 10,000 small businesses nationwide and has funded nearly $ 2 billion and more. For more information, please visit https://www.reliantfunding.com/.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220112005374/en/
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